Production Optimization News

 

Non-intrusive surveillance

Apr 01, 2016

Expro is currently collecting real-time data to support production optimization from brownfield wells using a non-intrusive wellhead surveillance technology. John McKay, Expro, explains.  ActiveSONAR…

ExxonMobil to add 450,000 boe/d by 2017

Mar 02, 2016

As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…

Dawn of the data engineer?

Mar 01, 2016

Oil and gas has all the resources for a big data revolution – so what’s holding us back? Robert Dickson, Director – field development project excellence at io sets out his view. Image from iStock…

Embracing nanotechnology’s potential

Mar 01, 2016

Elaine Maslin examines some of the potential uses for nanoscale manufacturing in the oil and gas industry. Image provided by Repsol. Source: 'Commercial scale production of inorganic nanoparticles…

Subsea Expo: There's no quick fix

Feb 02, 2016

Europe's biggest subsea-focused industry event kicks off tomorrow. Of course the oil price and low levels of activity in the industry will be on everyone's minds.  OE, principal media sponsor for Subsea Expo, spoke to Neil Gordon, CEO of conference organizer Subsea UK…

Every barrel (now) matters

Feb 01, 2016

A relentless focus is required to maintain and optimize production on often aging North Sea assets. Elaine Maslin reports. Wintershall’s Brage platform. Photos from Wintershall.  Optimizing…

WFS develops Seatooth technology

Dec 04, 2015

WFS Technologies has developed a battery management system technology which enables the battery life of subsea wireless instrumentation and control systems to be extended to up to 15 years.  Seatooth Endure technology integrates this battery…

OE15: New technologies in turbulent times

Sep 09, 2015

Today, the UK’s oil and gas industry faces arguably the most challenging period in its turbulent history. According to Oil & Gas UK, capital investment, which reached a record high of £14.4 billion in 2013, is expected to fall by more than half to about £7 billion by 2016…

Rosneft up in 2Q, down in 1H

Aug 31, 2015

Rosneft succumbed to a drop in revenue and net income for 1H 2015, however came out ahead in its 2Q 2015 results with an increase of as much as 150%. Image from Rosneft. Revenue for 1H came in at US$46…

Schlumberger, IBM in combined upstream service

Aug 31, 2015

Schlumberger and IBM announced that they have teamed up to provide integrated services to upstream oil and gas customers that they claim will improve the business impact of production operations projects. The offering combines Schlumberger’s production optimization services…

Well-modeling process optimizes production strategies

Aug 04, 2015

LR Senergy’s new process uses computational fluid dynamics (CFD) to model a well and near wellbore — and subsequently identify production optimization options and strategies. Jeannie Stell reports. Michael Byrne…

Emerson buys Yggdrasil

Jul 02, 2015

Emerson Process Management has acquired Norwegian company Yggdrasil, a provider of flow assurance and production optimization software. Emerson will incorporate Yggdrasil’s METTE production optimization solution into the Roxar reservoir management software portfolio…

OTC15: Emerson launches subsea wet gas meter

May 04, 2015

Emerson Process Management launched its next generation Roxar subsea Wetgas Meter for accurate production measurement, reduced risk, and improved flow assurance in gas and gas condensate fields. Subsea wetgas meter…

Ziebel introduces Optic Z-Line

Mar 26, 2015

Stavanger-based Ziebel announced that for the first time in oil and gas history, the Z-Line, a gravity-deployed slim carbon composite cable, was used to acquire meaningful distributed temperature and distributed acoustic fiber optic data during a commercial well intervention…

Rescue mission

Feb 04, 2015

With oil prices depressed, Greg Hale argues that automation could make a much needed difference in the offshore industry. The scenario is set and it is time for everything to play out: automation can come to the rescue of the offshore oil and gas industry…

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